# Non-QM Loans

Gig-Economy

The gig economy, which refers to the growing trend of individuals working temporary or flexible jobs, has created new challenges and opportunities for the mortgage industry. Many gig economy workers do not have traditional forms of income, such as a salary or hourly wage, which can make it difficult for them to qualify for a conventional mortgage loan. However, there are now non-QM loan options specifically designed for gig economy workers. We'll take a closer look at gig economy non-QM loans and how they can benefit borrowers.

One of the key advantages of gig economy non-QM loans is that they allow borrowers to use alternative forms of income, such as earnings from gig economy jobs, as proof of income. This can make it possible for gig economy workers who may not have access to traditional income documentation, such as pay stubs or tax returns, to qualify for a mortgage loan.

Up to
90%
LTV - Purchase
90%
LTV - Rate & Term
80%
LTV - CASH OUT
$150K - $5M
Price Range

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# Apply For Gig-Economy

Gig-Economy

Another advantage of gig economy non-QM loans is that they can offer more flexible terms and conditions than traditional mortgage loans. For example, some non-QM loans may allow borrowers to have a higher debt-to-income ratio or a lower credit score than would be required for a conventional mortgage. This can make it possible for gig economy workers who may not qualify for a traditional mortgage to obtain financing.

When applying for a gig economy non-QM loan, borrowers will need to provide proof of their gig economy income, such as earnings statements or tax returns. The lender will then review this documentation to determine the borrower's income and financial stability.

It's important to note that gig economy non-QM loans may carry a higher interest rate than traditional mortgage loans, as they are considered to be higher risk. As a result, gig economy workers should carefully compare offers from different lenders and consider the total cost of the loan before deciding which option is best for them.

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(650) 388-0418

Testimonials

"Kristin Howard is absolutely best !!!!!!!!! She stayed on top of my deal until closing date.Cant ask for better service . Thank you Kristin"
"Susan is the BEST! I have done several transactions with her and she has always been so helpful and made the process so easy. These can be stressful but with Susan it is always simple. Highly recommend!"
"We had the pleasure of working with Angel Pierro. He was supportive during this entire process and we would 100% use him again! Highly recommend!"
"I am so grateful to Maricris Duke for being so wonderful and helpful during the entire process. As a first time home buyer, I had a lot of questions and doubts but Maricris was there to answer and explain everything to me. Thank you for all the help to get the loan and ass
"We had a very nice experience and had a quick aprroval!"
"Josh Settersten, was AMAZING to work with. Really really good at what he does. Professional, trustworthy, good listener and tries to get you the best deal out there. I learned so much about getting a mortgage from him. He delivered on all fronts. I am glad I had him in my co
"Josh helped tremendously throughout the entire process of purchasing our first home. He was excellent at communicating and overall exceeded our expectations. I would highly recommend working with Josh!"

# Apply For Gig-Economy

Why Should You Choose Us?

We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.

  • Customer Focused
  • Minimal Documentation
  • In-Houses Controls
  • Best Loan Services
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(650) 388-0418
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# Apply For Gig-Economy

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